What is a Pilot?
To raise debt through EIX, Project Sponsors are required to work with a corporate or financial advisory firm. We refer to these as Pilots.
Pilots guide Project Sponsors through the process of preparing a project for debt funding and ensure the fundraising requirements set out in the Disclosure Rules are met.
Project Sponsors may choose any firm that meets the eligibility requirements to be a Pilot. Project Sponsors appoint Pilots directly and commercial terms are agreed between the two parties.
To become a Pilot, firms must be authorised by the FCA in the UK to arrange deals in investments.
As a general rule, Pilots should also have a track record of structuring estates and infrastructure projects and arranging Project Bonds that were either privately placed or listed on a Recognised Investment Exchange (RIE).
Firms that meet these criteria may apply to become a Pilot.
The process to become a Pilot is simple and cost-free. There are four steps:
Once an application is approved, Pilots are provided with a dedicated Account Manager.
If you would like to speak to us about becoming a Pilot or are a Project Sponsor and wish to be directed to an EIX Pilot, please contact Tom Godfrey – Pilot Partnerships Director or email firstname.lastname@example.org.